On 7 November 2024, the "Shanghai Stock Exchange Global Investors Conference 2024" opened in Shanghai. Li Ming, Vice Chairman of the China Securities Regulatory Commission (CSRC), Xie Dong, Vice Mayor of Shanghai, and Qiu Yong, Chairman of the Shanghai Stock Exchange (SSE), delivered opening speeches for the conference. Cai Jianchun, President of the SSE, moderated the opening ceremony. The theme of the conference this year is "Innovation, Openness and High-quality Development". Members of the CSRC International Advisory Council (IAC) attended and addressed the conference. Representatives from more than 160 investment institutions at home and abroad have registered and attended the conference.
This year marks the sixth consecutive year that the SSE has held the Global Investors Conference. The types of participating institutions have been further enriched, including overseas institutions with a significantly wider range, and the influence of the conference keeps increasing. Outstanding guests with international influence, such as former leaders from overseas regulators, and senior executives of overseas sovereign wealth funds, globally renowned financial institutions and overseas exchanges, were invited to participate in the conference. Moreover, representatives of foreign institutions from more than 20 overseas markets in North America, Europe, Asia Pacific, the Middle East, and South America have registered and attended the conference, including sovereign wealth funds, pension funds, commercial banks, asset management companies, hedge funds and other institutions.
On the conference, industry experts on the global capital market and relevant leaders of the CSRC made in-depth discussion on promoting high-level opening up of China's capital market. Senior executives from overseas institutions shared their positive attitude towards the long-term development of the Chinese market. Well-known experts and scholars from domestic and overseas research institutions, and various market entities such as companies listed on the SSE, securities companies and asset management companies discussed topics such as global allocation in Chinese assets, sustainable development and Asian economy. They generally believed that China's capital market has resilience and great potential. The overall performance of companies listed on the SSE has achieved marginal improvement and resumed growth in the third quarter, with scientific and technological innovation results continuously emerging. A number of policy measures have been implemented recently, the overall economic development trend remains positive, and investment opportunities in the market grow rich and diverse. The conference also actively promoted and publicized the achievements of the SSE to international investors in such aspects as continuously promoting the development of the STAR Market, improving the product system, and optimizing the market ecology.
In recent years, the SSE has resolutely implemented the key directives of the CPC Central Committee and the State Council on the capital market. First, the SSE serves the development of new quality productive forces, continuously improves the institutional framework, and gives full play to the role of the capital market to support the development of enterprises with "hard technology". Second, the SSE enriches the product system, improves the quality and investment value of listed companies, provides investors with a wider range of investment choices, and fosters a better investment environment. Third, the SSE actively promotes the high-quality opening up of the capital market, keeps optimizing connectivity schemes, advances cross-border indexing investment, and enhances services for international investors. In the next step, the SSE will continuously give full play to the functions and role of the capital market, drive innovation and opening up, better serve Shanghai to solidify its status as an international financial center and serve the national opening up strategy, build a world-class exchange, and help with the high-quality economic development of China.
